13 CFR 120.354

§ 120.354 Creditworthiness.

United States · 13 CFR — Business Credit and Assistance · Status: effective

Cite this

Citation: 13 CFR 120.354, § 120.354 Creditworthiness, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/52086
Permanent ID: ys:prov:52086@1
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Full text

In determining repayment ability, SBA shall not consider the personal assets of the employee-owners of the trust. SBA shall consider the earnings history and projected future earnings of the employer small business. SBA may consider the business and management experience of the employee-owners.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.